VILLARREAL

Operated by CORONADO ENERGY E&P COMPANY, LLC (P-5 179353) in the ALVARADO (VICKSBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201139District 04Field 021006252 tax incentive programmesCondensateGasSaveExport
Value, all time
$319 k
Mar 2004 – Apr 2010
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
74
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 90 leases and 90 wells, and the rule below applies to all of them.

Discovered
1993-06-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2001-11-06.

The Commission's schedule remark for this field reads: AS A SINGLE RESERVOIR.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112004-08-04158306
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition680 bbl$37,948
GasProduction41,580 Mcf$280,565
Total$318,514

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 26.7511, -98.3582. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.75113, -98.35820 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,200 ft
1 wells filed one
Completion to plug
6.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,200 ft.

Completions filed
Mar 2004
1 of 1 wells
Plug dates filed
May 2010
1 of 1 wells

Last completion to plug: a median of 6.2 years across the 1 well that filed both dates, with the middle half between 6.2 years and 6.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-427337001710,200 ftMar 2004May 2010Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (74)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

74 months

Apr 20100081.694.12$0
Mar 2010206578.394.39$1,853
Feb 201003573.585.44$190
Jan 201009574.365.96$567
Dec 20090071.445.48$0
Nov 200906474.593.75$240
Oct 200906372.544.11$259
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009013466.163.90$522
May 2009239254.743.93$1,648
Apr 200912946.773.59$151
Mar 2009014242.144.06$576
Feb 200903932.814.63$181
Jan 20090035.865.37$0
Dec 200804437.105.98$263
Nov 2008010755.496.86$734
Oct 200804275.246.92$291
Sep 2008043101.767.88$339
Aug 20080112114.228.48$950
Jul 20080101131.0811.39$1,150
Jun 20080140131.3313.03$1,825
May 20080111123.1711.57$1,285
Apr 20080161110.3110.45$1,683
Mar 2008046101.909.66$445
Feb 2008020292.538.77$1,772
Jan 2008216690.388.21$1,543
Dec 2007012788.337.30$927
Nov 2007010591.677.29$766
Oct 200704082.856.92$277
Sep 200710411275.846.24$8,587
Aug 2007019969.066.39$1,271
Jul 2007018570.906.39$1,182
Jun 2007026062.007.55$1,963
May 2007024658.747.85$1,930
Apr 2007017959.617.81$1,397
Mar 2007023256.927.30$1,694
Feb 2007023855.108.22$1,955
Jan 2007029950.306.73$2,011
Dec 2006031456.656.92$2,172
Nov 2006017754.207.62$1,348
Oct 2006023354.906.01$1,401
Sep 2006014960.085.04$751
Aug 2006015668.717.34$1,145
Jul 2006017669.376.34$1,116
Jun 20065921666.286.38$5,289
May 2006015266.016.42$977
Apr 2006022464.397.36$1,649
Mar 2006041656.707.08$2,946
Feb 2006044857.597.75$3,473
Jan 200610640160.598.93$10,005
Dec 2005039354.9413.42$5,272
Nov 2005051754.6910.59$5,474
Oct 2005061158.3413.80$8,429
Sep 2005055761.4512.08$6,728
Aug 2005064261.519.80$6,290
Jul 2005071755.697.84$5,624
Jun 2005061252.337.38$4,517
May 2005073445.226.65$4,882
Apr 200519184349.207.36$15,602
Mar 2005096250.377.15$6,883
Feb 2005085945.226.31$5,422
Jan 2005074343.166.32$4,697
Dec 2004067139.866.75$4,530
Nov 2004033945.286.33$2,146
Oct 200401,01249.706.52$6,593
Sep 200419464743.245.28$11,807
Aug 200401,44042.375.55$7,993
Jul 200403,09638.286.08$18,837
Jun 200402,87636.106.43$18,501
May 200414,97137.486.49$32,322
Apr 200406,02034.475.86$35,268
Mar 200404,70134.365.53$25,997

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Mar 2010 — as filed, then multipliedworked
Condensate            20 bbl  × $ 78.39 =     $1,568
Gas                   65 Mcf  × $  4.39 =       $285

────────────────────────────────────────────────────
Month total                                   $1,853

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/201139 is the state's own key, not one this site invented.